Montpelier Plan, Lake MonticelloPalmyraVA22963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Palmyra at Montpelier Plan, Lake Monticello, Palmyra, VA, 22963 earns $929/mo cash flow from $3,086/mo rent with a $1,680/mo payment. Total monthly income totals $3,086/mo, and annual cash flow totals $11,150/yr on $113,787 capital. ROI tracks 29.71% on current figures, and rental yield reads 10.79% at a $343,250 purchase. Equity gained on principal adds $2,215/yr, and 5% annual appreciation supports $94,834 over five years. Five-year ROI reaches 155.55% and total cumulative return in cash sums $176,995. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,086/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 6,070 (82.8%) |
| Renter Occupied HU | 755 (10.3%) |
| Vacant Housing Units | 505 ( 6.9%) |
| Median Home Value | $328,349 |
| Average Home Value | $376,623 |
Housing Distribution
Address Breakdown
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices